The latest announcement is out from Modiv ( (MDV) ).
On February 3, 2025, Modiv Industrial, Inc. updated its Limited Partnership Agreement to include new Class X units, which convert into Class C units after certain conditions are met. The company granted these units as part of its incentive plan to executives Aaron S. Halfacre, Raymond J. Pacini, and John C. Raney to align their interests with shareholders and ensure retention. These grants come with specific vesting conditions and are part of a broader strategy to maintain competitive executive compensation.
More about Modiv
Modiv Industrial, Inc. operates in the industrial sector, focusing on managing and developing operating partnerships and investments. The company is involved in structuring partnership agreements and incentive programs for its executives.
YTD Price Performance: 0.74%
Average Trading Volume: 37,006
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $143.6M
For a thorough assessment of MDV stock, go to TipRanks’ Stock Analysis page.